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Industry
September 22, 2023
Bilibili Investors Ask Pomerantz to Investigate Securities Fraud
The premier firm specializing in securities, corporate and antitrust litigation, Pomerantz LLP, announced it is investigating claims on behalf of investors of the online entertainment services provider in China, Bilibili Inc. Details regarding the new probe emerged Thursday, September 21, 2023. The investigation by Pomerantz will seek to determine if some Bilibili directors or officers […]
Industry
September 22, 2023
Ex-financial Advisor Goes to Prison over Stealing Money to Gamble
A 42-year-old former financial advisor from Perth, Australia, was sentenced Friday over stealing money from his clients to fund a gambling addiction. Mark Raymond Sebo was arrested back in November 2022 and pleaded not guilty to 36 charges of stealing money from at least eight individuals or couples. Sebo was sentenced to five years in […]
Industry
September 21, 2023
New South Wales Government Allocates $100M to Combat Gambling Harm
In a significant move to address gambling harm in New South Wales (NSW), the state government has pledged $100 million in funding for initiatives and services to reduce the industry’s harmful effects on communities. This commitment is a part of the first Minns Labor Government Budget, reflecting their long-term dedication to combating money laundering, implementing […]
Industry
September 21, 2023
Chile Bans Offshore Sportsbooks But Operators Remain Adaptive
A few days ago, The Supreme Court of Chile decided to ban unlicensed sports betting websites. However, weeding out offshore sportsbooks might prove a difficult task. Accepting a protection appeal by Superintendencia de Casinos de Juego, Chile’s gambling regulator, the Supreme Court issued the ban on sports betting websites on internet service provider (ISP) Mundo […]
Industry
September 21, 2023
GamCare: The Percentage of People Struggling with Online Slots Has Increased
GamCare data shows that, concerningly, the percentage of online casino players struggling with slot machine-related gambling problems, has increased significantly over the past five years. According to the independent UK charity, three in five people (60%) who sought help last year cited slot games as one of their preferred verticals. For reference, the percentage of […]
Industry
September 21, 2023
Sweden Unveils Plans to Increase Gambling Tax
In 2019, Sweden reregulated its online gambling market, granting licenses to operators and enabling them to offer their services legally to customers in the country. At the time, a tax rate of 18% on gross gaming revenue (GGR) was applied, one that is relatively high when compared to other European countries. Yet, a new proposal […]
Industry
September 21, 2023
AvatarUX Injects Portfolio into BetConstruct
AvatarUX, a leading games studio, has signed a global partnership agreement with BetConstruct, a producer of gambling tech and services. Under the deal, BetConstruct will distribute the studio’s industry-leading content. As a result, BetConstruct will be able to supply AvatarUX’s full portfolio of outstanding hits to its global network of operator partners. Client companies will […]
Industry
September 20, 2023
GamblingIQ Analyzes How Digital ID and AI Vendors Can Change the Industry
GamblingIQ, a gambling industry intelligence specialist that seeks to set new standards, has published a new report. Called “A Responsible Revolution: Unlocking Effective Digital Identity & AI Technology to Prevent Financial Risk, Underage, and Problem Gambling,” the publication explores how artificial intelligence and digital ID can change the sector and help it follow the measures […]
Industry
September 20, 2023
ACMA Remains Vigilant, Blocking Five More Offshore Gambling Websites
In its latest action, ACMA has identified five offshore gambling websites – Viperspin, Just Casino, Betandplay, Play Fina, and Comic Play Casino – operating in breach of Australia’s Interactive Gambling Act 2001. The authority has been steadily intensifying its efforts, hoping to curb illegal offshore gambling activities within the country. ACMA Intensifies Its Efforts as […]
Industry
September 20, 2023
BetConstruct Releases Bet Easy, a Revolutionary App Creation Tool
BetConstruct, a global award-winning technology and service provider to the iGaming and casino industry, has unveiled Bet Easy, a new cross-platform solution for creating mobile betting and gambling apps. In line with BetConstruct’s dedication to constant improvement, Bet Easy seeks to revolutionize the betting and gambling apps landscape. Offering options for both iOS and Android […]
